Examlex
In asynchronous communication, communications occur in discrete units, with the start of a unit signaled by a start bit at the front and a stop bit at the back end.
Noncumulative
A term often used to describe preferred stocks or dividends that do not accumulate if they are unpaid or not declared.
Nonparticipating
Describing a type of insurance policy or preferred stock where the holder is not entitled to share in the company's profits beyond a specified amount.
Journal Entries
Entries made in the accounting records to document financial transactions, updating account balances accordingly.
Noncumulative
A term often referring to certain preferred stock dividends that do not accumulate if unpaid, meaning if a dividend is skipped, it is not owed in the future.
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